Hybrid
Direct
Equity Savings
NAV as on 05-09-2024
₹ 58.83
1D
Inception Returns
9%
/yr
Tata Equity Savings Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Murthy Nagarajan, Aurobinda Prasad Gayan, Sailesh Jain. This fund gives you the benefit of diversification.
Tata Equity Savings Fund Direct Growth has given a CAGR return of 8.96% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 16.89%, 9.84% and 11.05% respectively.
Tata Equity Savings Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Basic Materials, Consumer Defensive, Government, Health, Tech, Communication, Energy, Corporate, Utilities, Consumer Cyclical.
As it is a equity savings mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
The investment objective of the scheme is to provide long term capital appreciation and income distribution to the investors by predominantly investing in equity and equity related instruments, equity arbitrage opportunities and investments in debt and money market instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. Tata Equity Savings Fund Direct Growth has no lock in period.
Expense ratio | 0.48% |
Benchmark | NIFTY Equity Savings TR INR |
AUM | ₹158 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 0.2% |
Lock In | No Lock-in |
TurnOver | 82.24% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Low to Moderate Risk |
as on (05-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Financial Services, Industrial & Basic Materials
Tata Equity Savings Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.42% | 1.42% |
6 Month Returns | 7.36% | 7.36% |
1 Year Returns | 16.89% | 16.89% |
3 Years Returns | 32.52% | 9.84% |
5 Years Returns | 68.92% | 11.05% |
AAA | 100 |